January 20, 2015
Mohenjo
Breaking News
amazon, AP, Barack Obama, business, Business News, Hotels, huffingtonpost, human-rights, income earners, medicine, mental-health, Obama, Obama 1 Percent, Obama Tax, Obama Wealthy Tax, Politics News, Republican lawmakers, Republicans Obama Tax, research, Science, Science News, Slideshow, tax increases, Taxes, technology, Technology News, travel, vacation, Video, Washington, wealthiest Americans
FROM
Huffpost Politics
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Republican lawmakers are already signaling they will do what they can to block President Barack Obama’s pitch for tax increases on the wealthiest Americans.
Obama is making that pitch to a huge television audience in hopes of putting the new Republican Congress in the position of defending top income earners over the middle class.
As Obama continues to signal what he will propose during Tuesday’s State of the Union address, senior administration officials said during the weekend that he will call for raising the capital gains rate on top income earners and eliminating a tax break on inheritances. The revenue generated by those changes would fund new tax credits and other cost-saving measures for middle-class taxpayers, officials said.
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Click link below for story and slideshow:
http://www.huffingtonpost.com/2015/01/19/republicans-obama-tax_n_6500844.html
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January 28, 2013
Mohenjo
Finance
940000 tax returns were filed fraudulently, aviation, business, could reach 1 million this year, Crime News, current-events, daily finance, During the 2011 tax processing year, economy, gaming, identity theft, internet, IRS, IRS' taxpayer advocate Nina Olson, research, Science, Science News, specialized and sophisticated form of theft, tax identity theft, Tax Refunds, Taxes, taxpayer advocate nina olson, technology, transportation, travel, vacation
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Along with the rapid rise in identity theft has come the explosion of a specialized and sophisticated form of theft: tax identity theft.
During the 2011 tax processing year, roughly 940,000 tax returns were filed fraudulently. This year the number will likely reach 1 million. Even the IRS’ own taxpayer advocate, Nina Olson, says the IRS is woefully incapable of handling the boom.
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.Click link below for article:
http://www.dailyfinance.com/2013/01/25/identity-theft-tax-refund-scammers/?icid=maing-grid7|myaol|dl32|sec1_lnk3%26pLid%3D262148
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James' World 2 